| FISCAL 2025 | FISCAL 2024 | |||||
|---|---|---|---|---|---|---|
| (in millions of euros) | PROFIT BEFORE TAX EXCLUDING SHARE OF PROFIT OF COMPANIES ACCOUNTED FOR USING THE EQUITY METHOD | INCOME TAX EXPENSE | RATE | PROFIT BEFORE TAX EXCLUDING SHARE OF PROFIT OF COMPANIES ACCOUNTED FOR USING THE EQUITY METHOD | INCOME TAX EXPENSE | RATE |
| EFFECTIVE | 892 | (198) | 22.2% | 983 | (249) | 25.4% |
| Adjustments: | ||||||
| Restructuring costs | 97 | (25) | 69 | (18) | ||
| Impairment losses and amortization of intangible assets relating to client relationships and trademarks | 35 | (9) | 35 | (9) | ||
| Recognition of deferred taxes | — | (16) | — | (71) | ||
| Other | 22 | (14) | (45) | 77 | ||
| UNDERLYING | 1,046 | (261) | 25.0% | 1,041 | (270) | 26.0% |
| (in millions of euros, unless otherwise indicated) | FISCAL 2025 | FISCAL 2024 |
|---|---|---|
| Shareholders’ equity |
Shareholders’ equity FISCAL 2025 3,799 |
Shareholders’ equity FISCAL 2024 3,798 |
| Attributable to equity holders of the parent |
Attributable to equity holders of the parent FISCAL 2025 3,786 |
Attributable to equity holders of the parent FISCAL 2024 3,782 |
| Non-controlling interests |
Non-controlling interests FISCAL 2025 13 |
Non-controlling interests FISCAL 2024 16 |
| Borrowings(1) |
Borrowings(1) FISCAL 2025 4,777 |
Borrowings(1) FISCAL 2024 4,734 |
| Long-term borrowings |
Long-term borrowings FISCAL 2025 3,958 |
Long-term borrowings FISCAL 2024 4,010 |
| Short-term borrowings |
Short-term borrowings FISCAL 2025 819 |
Short-term borrowings FISCAL 2024 724 |
| Cash and cash equivalents, net of bank overdrafts |
Cash and cash equivalents, net of bank overdrafts FISCAL 2025 2,090 |
Cash and cash equivalents, net of bank overdrafts FISCAL 2024 2,134 |
| Net borrowings(2) |
Net borrowings(2) FISCAL 2025 2,687 |
Net borrowings(2) FISCAL 2024 2,600 |
| Revenues |
Revenues FISCAL 2025 24,074 |
Revenues FISCAL 2024 23,798 |
| Underlying operating profit |
Underlying operating profit FISCAL 2025 1,139 |
Underlying operating profit FISCAL 2024 1,109 |
| Operating profit |
Operating profit FISCAL 2025 985 |
Operating profit FISCAL 2024 1,051 |
| Net profit for the year |
Net profit for the year FISCAL 2025 706 |
Net profit for the year FISCAL 2024 179 |
| Attributable to non-controlling interests |
Attributable to non-controlling interests FISCAL 2025 11 |
Attributable to non-controlling interests FISCAL 2024 11 |
| Net profit for the year attributable to equity holders of the parent |
Net profit for the year attributable to equity holders of the parent FISCAL 2025 695 |
Net profit for the year attributable to equity holders of the parent FISCAL 2024 168 |
| Weighted average number of shares (undiluted) |
Weighted average number of shares (undiluted) FISCAL 2025 146,014,551 |
Weighted average number of shares (undiluted) FISCAL 2024 146,451,943 |
| Basic earnings per share (in euros) |
Basic earnings per share (in euros)FISCAL 2025 4.76 |
Basic earnings per share (in euros)FISCAL 2024 1.15 |
| Dividend per share paid during the fiscal year (in euros) |
Dividend per share paid during the fiscal year (in euros)FISCAL 2025 2.70 |
Dividend per share paid during the fiscal year (in euros)FISCAL 2024 9.34 |
| Share price at August 31 (in euros) |
Share price at August 31 (in euros)FISCAL 2025 51.30 |
Share price at August 31 (in euros)FISCAL 2024 80.50 |
| Highest share price in the fiscal year (in euros) |
Highest share price in the fiscal year (in euros)FISCAL 2025 84.10 |
Highest share price in the fiscal year (in euros)FISCAL 2024 83.10 |
| Lowest share price in the fiscal year (in euros) |
Lowest share price in the fiscal year (in euros)FISCAL 2025 50.20 |
Lowest share price in the fiscal year (in euros)FISCAL 2024 64.50 |